To LetRetail Unit

Unit 5, Cornhill Pavements, Lincoln, LN5 7HE

Description


The property occupies a prominent location within the Cornhill Quarter adjacent to operators such as Pho, Hobbs, Phase 8, HMV, Cosy Club and a multi-screen Everyman Cinema.

The premises comprises a newly fitted out ground floor retail unit with painted plastered walls, a suspended acoustic tiled ceiling, LED lighting and wood effect vinyl flooring throughout. The property benefits from a disabled WC to the rear as well as additional storage space.

In our opinion this property would be suitable for use as a retail/restaurant unit.

Location

The Cornhill Quarter represents the most significant retail development undertaken within the heart of the city centre in recent years, providing modern, well-configured retail floorspace not available elsewhere in the city centre at the present time. Overall, the scheme has delivered in excess of 150,000 sq ft of mixed-use commercial space, with potential for the delivery of further space, a £1.5 million urban realm enhancement and a £30 million investment in the City’s infrastructure.

The scheme is strategically located adjacent to the City’s major infrastructure links, which include the train station, bus station and a new 1,000 space multi-storey car park.

Nearby occupiers within the scheme include Everyman Cinema, The Botanist, Lakeland, Tortilla, Turtle Bay, Whistles, Pho, Hobbs & Cosy Club as well as a good mix of other well-regarded national, regional and local retailers and The Cornhill Market, which has recently re-opened following a multi-million pound refurbishment.

Lincoln is the administrative centre and major shopping centre within the county of Lincolnshire, with an urban population of 130,000 and a total catchment population of 545,000, generating a total comparison goods expenditure of over £985m. It is also a growing University city with over 15,000 student and academic staff based at the City’s main campus, lying to the east of the City Centre, a short walk from the Cornhill Quarter, contributing an estimated £250 million to the local economy.